Pacifica Partners Inc. Sells 27,606 Shares of Barrick Mining Corporation $B

Key Points

• Pacifica Partners trimmed its stake in Barrick by 18.3%, selling 27,606 shares and ending the quarter with 123,108 shares valued at $5.414 million, roughly 2.4% of its portfolio.
• Barrick posted a strong quarter with EPS $1.04 vs $0.85 expected and revenue of $5.98 billion (up 44.6% y/y), and boosted its quarterly dividend to $0.42 (annualized $1.68, ~4.5% yield).
• The stock has pulled back (recently trading near $37.09) but carries a “Moderate Buy” analyst consensus with an average target of $55.25, while institutional ownership stands around 90.82%.

Pacifica Partners Inc. trimmed its holdings in shares of Barrick Mining Corporation (NYSE:B - Free Report) TSE: ABX by 18.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,108 shares of the gold and copper producer's stock after selling 27,606 shares during the quarter. Barrick Mining makes up approximately 2.4% of Pacifica Partners Inc.'s investment portfolio, making the stock its 15th biggest holding. Pacifica Partners Inc.'s holdings in Barrick Mining were worth $5,414,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Arlington Trust Co LLC bought a new stake in Barrick Mining during the 3rd quarter valued at $26,000. JPL Wealth Management LLC bought a new position in shares of Barrick Mining in the 3rd quarter worth $28,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Barrick Mining during the 3rd quarter worth $31,000. Provenance Wealth Advisors LLC purchased a new stake in shares of Barrick Mining during the 3rd quarter worth $32,000. Finally, Investors Research Corp bought a new stake in Barrick Mining during the third quarter valued at about $36,000. Institutional investors own 90.82% of the company's stock.

Trending Headlines about Barrick Mining

Here are the key news stories impacting Barrick Mining this week:

• Positive Sentiment: Fool argues Barrick may now be a bargain after the recent sell‑off, highlighting the company’s strong earnings beat and the view that the pullback could present a value entry for long‑term investors. Why Barrick Mining Stock Keeps Going Down
• Positive Sentiment: Analyst pieces comparing Barrick to Agnico Eagle note both miners are converting project activity into cash flow and returning capital to shareholders, supporting a constructive medium‑term outlook if metals remain firm. Barrick Mining vs. Agnico Eagle: Which Gold Miner Has More Glitter?
• Positive Sentiment: Some market coverage shows Barrick participating in broader metals momentum on the NYSE composite, a reminder that sector rallies can quickly lift the stock if commodity prices recover. Barrick Mining NYSE: B Rises As Nyse Composite Reflects Global Metals Momentum
• Neutral Sentiment: Valuation analyses note the recent price weakness makes Barrick cheaper on several metrics, but also emphasize the stock’s volatility—useful context for investors weighing entry points versus near‑term risk. Assessing Barrick Mining TSX: ABX Valuation After Recent Share Price Weakness
• Neutral Sentiment: Broader market headwinds—rising bond yields and inflation fears—are weighing on stocks generally, which can amplify downside in commodity‑sensitive names like Barrick. Stocks Retreat as Inflation Fears Push Bond Yields Higher
• Negative Sentiment: Mining.com reports Teck holds an undisclosed royalty on Barrick’s Fourmile project that could be worth billions and might complicate or delay Barrick’s plans for a Fourmile IPO—introducing asset‑level uncertainty and potential dilution of expected value. Teck’s undisclosed royalty worth billions on Barrick’s Fourmile could stymie IPO plans
• Negative Sentiment: Coverage indicates a lawsuit against Barrick has been allowed to proceed; combined with recent falls in gold prices, this legal risk and weaker commodity direction are immediate catalysts for selling pressure. Barrick Gold (ABX) Shares Plunge as Lawsuit Gets Green Light and Gold Tumbles
• Negative Sentiment: MarketWatch and other outlets note a slide in precious‑metal prices is dragging mining stocks lower, a direct headwind for Barrick’s near‑term revenue and sentiment. Mining Stocks Decline as Precious Metal Prices Drop

Barrick Mining Trading Down 3.1%

Barrick Mining stock opened at $37.09 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. The stock has a market cap of $62.14 billion, a PE ratio of 12.66, a price-to-earnings-growth ratio of 1.23 and a beta of 0.41. The stock has a 50-day moving average of $47.27 and a two-hundred day moving average of $40.60. Barrick Mining Corporation has a one year low of $17.00 and a one year high of $54.69.

Barrick Mining (NYSE:B - Get Free Report) TSE: ABX last issued its quarterly earnings results on Thursday, February 5th. The gold and copper producer reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.85 by $0.19. Barrick Mining had a return on equity of 12.10% and a net margin of 29.45%.The business had revenue of $5.98 billion for the quarter, compared to analyst estimates of $5.15 billion. The business's revenue was up 44.6% compared to the same quarter last year. On average, research analysts anticipate that Barrick Mining Corporation will post 1.47 EPS for the current fiscal year.

Barrick Mining Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.68 annualized dividend and a yield of 4.5%. This is a boost from Barrick Mining's previous quarterly dividend of $0.18. Barrick Mining's payout ratio is presently 57.34%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. BNP Paribas Exane upgraded shares of Barrick Mining to a "neutral" rating and set a $50.00 target price for the company in a report on Friday, December 5th. JPMorgan Chase & Co. started coverage on shares of Barrick Mining in a research report on Thursday, January 29th. They issued an "overweight" rating and a $68.00 price objective on the stock. UBS Group set a $55.00 price objective on shares of Barrick Mining in a research note on Friday, February 6th. Canadian Imperial Bank of Commerce reissued an "outperform" rating and set a $71.00 target price on shares of Barrick Mining in a research report on Wednesday, February 4th. Finally, Raymond James Financial raised their target price on shares of Barrick Mining from $40.00 to $42.00 and gave the company an "outperform" rating in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $55.25.

Barrick Mining Profile

Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company's activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.

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